Vanguard Personalized Indexing Management LLC Purchases 929 Shares of Booking Holdings Inc. $BKNG

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Booking Holdings Inc. by 22.2%, acquiring an additional 929 shares, bringing its total to 5,118 shares worth approximately $29.64 million.
• Booking Holdings reported a Q2 EPS of $55.40, exceeding analyst estimates of $50.32, and a revenue of $6.80 billion, up 16% year-over-year.
• The company announced a quarterly dividend of $9.60, translating to an annual yield of 0.7%, with a payout ratio of 26.71%.

Vanguard Personalized Indexing Management LLC lifted its position in Booking Holdings Inc. (NASDAQ:BKNG - Free Report) by 22.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,118 shares of the business services provider's stock after acquiring an additional 929 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Booking were worth $29,639,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in BKNG. Wealth Preservation Advisors LLC purchased a new position in Booking in the first quarter valued at about $28,000. Atwood & Palmer Inc. purchased a new position in Booking in the second quarter valued at about $29,000. Keystone Global Partners LLC purchased a new position in Booking in the first quarter valued at about $32,000. O Brien Wealth Partners LLC purchased a new position in Booking in the second quarter valued at about $35,000. Finally, First PREMIER Bank grew its stake in Booking by 100.0% in the second quarter. First PREMIER Bank now owns 6 shares of the business services provider's stock valued at $35,000 after purchasing an additional 3 shares during the last quarter. 92.42% of the stock is currently owned by institutional investors.

Booking Stock Down 0.5%

Shares of NASDAQ BKNG opened at $5,164.93 on Friday. The business's 50 day moving average price is $5,492.50 and its 200 day moving average price is $5,321.11. The firm has a market cap of $167.40 billion, a P/E ratio of 35.92, a P/E/G ratio of 1.60 and a beta of 1.35. Booking Holdings Inc. has a 52 week low of $4,096.23 and a 52 week high of $5,839.41.

Booking (NASDAQ:BKNG - Get Free Report) last issued its earnings results on Tuesday, July 29th. The business services provider reported $55.40 EPS for the quarter, beating analysts' consensus estimates of $50.32 by $5.08. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $6.54 billion. Booking had a negative return on equity of 134.19% and a net margin of 19.23%.Booking's revenue for the quarter was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $41.90 earnings per share. Booking has set its Q3 2025 guidance at EPS. As a group, research analysts expect that Booking Holdings Inc. will post 209.92 earnings per share for the current year.

Booking Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Friday, September 5th were given a $9.60 dividend. The ex-dividend date was Friday, September 5th. This represents a $38.40 dividend on an annualized basis and a yield of 0.7%. Booking's dividend payout ratio is currently 26.71%.

Insider Activity at Booking

In related news, Director Vanessa Ames Wittman sold 15 shares of the company's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,500.00, for a total value of $82,500.00. Following the sale, the director owned 747 shares in the company, valued at $4,108,500. This represents a 1.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Glenn D. Fogel sold 1,013 shares of the company's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $5,516.92, for a total value of $5,588,639.96. Following the completion of the sale, the chief executive officer owned 23,607 shares in the company, valued at approximately $130,237,930.44. This represents a 4.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,195 shares of company stock worth $23,467,630 over the last quarter. Insiders own 0.16% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on BKNG shares. Evercore ISI lifted their target price on Booking from $5,500.00 to $6,250.00 and gave the company an "outperform" rating in a research note on Wednesday, July 30th. Cantor Fitzgerald reiterated a "neutral" rating on shares of Booking in a research note on Wednesday, July 30th. B. Riley restated a "buy" rating and set a $6,700.00 price target (up previously from $6,100.00) on shares of Booking in a research note on Wednesday, July 30th. Benchmark restated a "buy" rating and set a $6,200.00 price target (up previously from $6,000.00) on shares of Booking in a research note on Wednesday, July 30th. Finally, Wells Fargo & Company boosted their price target on Booking from $5,418.00 to $5,443.00 and gave the stock an "equal weight" rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $5,808.81.

Booking Profile

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.